THE Bureau of Internal Revenue (BIR) is expecting further growth in collections in 2025, assuming that Congress passes a ...

The computations of the League of Cities of the Philippines (LCP) and the Department of Finance (DOF) on the national tax ...

Read our top 10 most viewed stories from the South East Asian food and beverage industry this year, featuring Nestle coffee ...

“Besides revenue raising objectives, the rationale for excise taxes on alcoholic beverages is to reflect their harmful external costs”, i.e., “social and health concerns of alcohol abuse” (Treasury, ...

alcoholic beverages, and airline travel, generated 1.8 percent of federal revenue in 2022. These taxes, too, are on the wane: excise tax revenues have fallen steadily from an average of 1.7 percent of ...

YES. SO TODAY THEY INTRODUCED THE SO-CALLED SUGAR TAX. IT WOULD TAX SWEETENED BEVERAGES, INCLUDING SODA, SPORTS DRINKS AND TEA. THE MONEY WOULD BE USED FOR PUBLIC HEALTH INITIATIVES SUCH AS ...

The Alcohol and Drug Information Centre (ADIC) revealed that a 20% excise tax increase on alcohol last year led to a staggering reduction of 8.3 million litres in alcohol consumption while ...

The Excise, Taxation, and Narcotics Control Department has commenced the distribution of property tax bills across the Rawalpindi division. The bills are based on the new official property rates ...

Coca-Cola Beverages Philippines Inc. (CCBPI), the bottling partner and official distributor of Coca-Cola products in the country, on Wednesday officially changed its legal name to Coca-Cola ...